Question. In 2019, C Corporation: (i) had $100,000 income from operations, (ii) Received a $10,000 dividend from Y Corporation of which C owned less than 1%, and (iii) contributed $15,000 cash to a qualified charitable organization. In 2020, C Corporation: (i) had $100,000 of income from operations and sold its Y stock (which it had owned for 10 years) for a net capital gain of $20,000. What is C taxable income in 2020